Chongnam Industrial Development Zone

Chongnam Industrial Development Zone is a Industrial Park located in Chongnam, North Korea, established in 2014, with Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority listed as its governing authority.

Key Facts

TypeIndustrial Park
LocationChongnam, North Korea
Year Established2014
Area506.06 ha hectares
Companies169
Governing AuthorityMinistry of Trade, Industry and Investment (North Korea) / National SEZ Authority
Statusoperational

Recorded Benefits and Incentives

Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation.

Verify eligibility and current terms with the zone authority.

Recorded Sector Focus

Chongnam Industrial Development Zone is listed with a sector focus including Chemicals And Specialty Materials and Mining And Mineral Processing.

About Chongnam Industrial Development Zone

Chongnam Industrial Development Zone is a 371.9-hectare industrial park located in Chongnam Industrial Development Zone (청남공업개발구), South Pyongan Province, North Korea, established in 2014 under the regulatory oversight of Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority. The zone specializes in chemicals and specialty materials, mining and mineral processing, providing customs, fiscal, and infrastructure support for domestic and international enterprises.

Frequently Asked Questions

What type of zone is Chongnam Industrial Development Zone?

Chongnam Industrial Development Zone is a Industrial Park.

Where is Chongnam Industrial Development Zone located?

Chongnam Industrial Development Zone is located in Chongnam, North Korea.

When was Chongnam Industrial Development Zone established?

Chongnam Industrial Development Zone was established in 2014.

Which governing authority is listed for Chongnam Industrial Development Zone?

SEZ Explorer records Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority as the governing authority for Chongnam Industrial Development Zone. Confirm its current jurisdiction and remit with the authority.

Which sectors are listed for Chongnam Industrial Development Zone?

Chongnam Industrial Development Zone is listed with a sector focus including Chemicals And Specialty Materials and Mining And Mineral Processing.

Which benefits and incentives are recorded for Chongnam Industrial Development Zone?

SEZ Explorer's current record lists: Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation. Verify eligibility and current terms with the zone authority.

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